By Angie DiMichele
A Hollywood woman is facing two felonies more than a year after her mother discovered tens of thousands of dollars were siphoned from her retirement fund, a probable cause affidavit said.
Toborshia Carter, 48, faces one count of financial exploitation of an elderly or disabled adult and one count of grand theft of the second-degree, court records show. She was booked into the Broward Main Jail on Thursday.
Carter’s mother reported to Hollywood Police in March 2025 that she had never received statements related to her Fidelity Investments retirement account and contacted the company about “fixing the security measures” on the account “that she did not set up,” the affidavit said.
After the woman received her statements and reviewed them, she alleged that daughter had been transferring money from the Fidelity Investments account to a Wells Fargo account registered to Carter’s son, according to the affidavit. She also found some transfers and withdrawals to other accounts that the woman told police were unauthorized.
Financial records of multiple bank accounts reviewed by Hollywood Police during the investigation showed Carter was a secondary owner of an account in which the woman received Social Security Administration benefits, the affidavit said. Carter’s name was also on the bank account that was solely funded by the Fidelity Investments transfers.
The bank records showed Carter’s personal account received more than $26,000 in transfers from the separate account that was only funded by the retirement investment payments between October 2024 and April 2025, the affidavit said. Money also was transferred to Carter’s personal account from the bank account in which Carter’s mother received Social Security payments.
Carter in a sworn statement to police in June 2025 said that any transfers from the account funded by the Fidelity Investments deposits were authorized by her mother and that any money moved around was used for bills and the household because she and her children lived with Carter’s mother, according to the affidavit.
She also told police she did transfer money to her personal Wells Fargo account “but she would explain to her mother that she was short on funds,” and her mother would authorize the transfers, the affidavit said. Carter told police she asked her mother for money almost every month. Carter’s mother “vehemently” disputed her daughter’s statements that she authorized any transactions from the retirement fund.
In total, the financial loss for Carter’s mother totaled more than $170,000, according to the affidavit, with $80,600 coming from the retirement fund.
Full Article & Source:
Hollywood woman accused of taking over $170,000 from mother’s bank accounts
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